MOSCOW -- In August 2004, the first Russian business television channel became available for citizens of the Baltic States. As a result, the coverage of RBC TV, the wholly owned subsidiary of RBC Information Systems (RTS, MICEX: RBCI), has expanded by over 1.74 million viewers.
The First
Russian business television RBC TV started its broadcasting in Latvia and Estonia on August 1, 2004. The channel will be on the air in Lithuania by the end of August 2004. According to preliminary data, more than 776,000 people will be able to watch RBC TV in Lithuania, some 540,000 people in Latvia and almost 440,000 people in Estonia.
As of August 2004, RBC TV's distribution in Russia amounted to about 37 million people. Programs of the Russian business television channel are available through cable and terrestrial broadcasting in 13 cities with a population of over one million people. In addition, RBC TB broadcasts in more than 20 urban centers of Russia as well as in the CIS (Kazakhstan, Ukraine, Belarus).